DAOplomacy

A whale holding over 50,000 BTC has become active again after 8 years of silence, with a position worth approximately $830 million and recent significant unrealized losses. ETH is the largest among long positions, with an unrealized loss of $3 million. The whale's trading activity is frequent and closely related to market dynamics, having previously positioned for shorting before major drops to profit, drawing attention.

【Blockchain Rhythms】The U.S. Department of the Treasury completed a $2.8 billion government bond repurchase operation on January 22. At the same time, the U.S. M2 money supply broke a record, reaching a historic high of $22.3 trillion.
This set of data reflects the ongoing easing of liquidity conditions in the United States. As the M2 scale continues to expand, there is ample liquid funds in the market, which typically creates a more favorable environment for risk assets (including cryptocurrencies). The government bond repurchase also demonstrates the Treasury's continued intervention in the debt market, further boosting overall liquidity.

Recently, a smart investor purchased 10,000 ETH through OTC when ETH hit the bottom, spending approximately $28.96 million. Two days ago, they added an additional 30,000 ETH, showing a positive outlook on ETH's future. The current unrealized profit is $973,000.

An investment firm has applied to tokenize the shares of a 3-month U.S. Treasury bond ETF and operate it on the blockchain, emphasizing investor protection under the regulation of the Investment Company Act. This marks the first collision between traditional finance and blockchain assets and could open new regulatory explorations.

【Crypto World】Noticed an interesting on-chain signal. The Pudgy Penguins project's associated address just made a big move an hour ago—suddenly depositing PENGU worth $4.02 million into a major exchange. According to real-time monitoring data from Onchain Lens, this transfer occurred on January 22. What does a large deposit by the project team into an exchange usually indicate? It could be preparing for liquidity management or paving the way for subsequent actions. Such whale-level transfer data is often worth traders paying more attention to.

【Crypto World】The big whale is moving again. According to on-chain data monitoring, the Abraxas wallet has just transferred 100 million USDC to a major exchange, worth approximately 100 million USD. This move has attracted a lot of attention—such a large fund transfer usually indicates a major transaction or market adjustment. Large inflows of stablecoins into exchanges often suggest that someone is preparing to enter the market or rebalance their portfolio. How the market will react next is worth watching.

This week's Davos Forum gathered several CEOs of cryptocurrency companies, focusing on the upcoming release of important crypto legislation by the U.S. Agriculture Committee. Trump also mentioned that Congress is drafting relevant regulatory regulations, and the market's attitude towards cryptocurrencies is gradually becoming clearer. Industry stakeholders are looking forward to further developments.

Circle's cross-chain solution Circle Gateway now supports the Solana network, allowing developers to easily integrate non-custodial, cross-chain USDC, enhancing liquidity for DeFi applications and other scenarios. This tool currently covers up to 12 blockchains and will expand to more networks in the future, strengthening USDC's cross-chain liquidity and benefiting interoperability within the DeFi ecosystem.

The development of the crypto market is affected by regulatory uncertainty. Experts recommend advancing existing regulatory progress and establishing a clear regulatory framework to promote innovation and investment. Clear rules help ensure the long-term healthy development of the industry and avoid waiting for perfect legislation.

The overall cryptocurrency market declined tonight, with Bitcoin and Ethereum experiencing significant drops, especially Ethereum falling below 1%. Funding rates on major exchanges and DEXs have generally turned negative, reflecting increased market enthusiasm for short positions, rising costs for longs, and heightened market uncertainty.

The oracle service provider RedStone has acquired the digital asset data platform STM and its conference TokenizeThis, aiming to promote the tokenization of real-world assets and enhance its influence in the US and institutional markets. STM maintains the world's largest tokenized RWA database, tracking over 800 asset projects with a market value of $60 billion. The TokenizeThis conference focuses on financial and blockchain asset tokenization, helping RedStone expand market connections.

Ethereum co-founder V神 proposes a new approach to embed Distributed Validator Technology (DVT) directly into the protocol layer, allowing validators to register multiple independent keys to improve fault tolerance and reduce single point of failure risks. This solution is expected to enhance Ethereum's decentralization level but still requires community discussion.

Alchemy Pay obtains a Money Transmitter License (MTL) in Nebraska, marking a further step in its compliant expansion in the United States. Currently, the company holds MTL licenses in 14 states across the U.S., enhancing its service capabilities and compliance in the market, and helping to establish a legitimate payment infrastructure.

Ethereum co-founder Vitalik Buterin stated that he has started using the decentralized social tool Firefly.social and plans to fully return to the decentralized social ecosystem by 2026. He emphasized that social networks should focus on providing high-quality information rather than pursuing short-term interactions. He believes that decentralized social should be driven by teams that care about the essence of social interactions, rather than relying solely on financialization narratives, and encourages more users to experience new social platforms.

The U.S. Department of the Treasury announced that it will change the way it handles confiscated Bitcoin. All currently held Bitcoin will be incorporated into strategic reserves and retained permanently instead of being auctioned off. This marks Bitcoin's elevation to a strategic asset, potentially impacting global digital asset policies.

The funding chain of US Treasury bonds is facing potential hidden risks, especially as Japanese investors may reduce their investments in the US debt market due to rising domestic bond yields. The strategic adjustments by Sumitomo Mitsui Financial Group indicate that international capital flows are changing, which could lead to a decline in the attractiveness of dollar-denominated bonds.

On January 21, during market fluctuations, several leading long accounts showed significant differences in performance. The largest loss came from the BTC OG insider whale, with an unrealized loss of $47 million, mainly due to ETH long positions. CZ's counterparty lost $28.3 million, while Maggi Huang Licheng's account was nearly liquidated. Relatively better performers were the on-chain gold's largest long position and Paul Wei, the latter's BTC long position had a smaller unrealized loss and stable profits.

A major trader closed their ETH short position and, after earning $1,312,000 in profit, quickly used 20x leverage to go long on 754.92 BTC, with an average entry price of $89,848.3. Currently, there is an unrealized loss of $565,000, indicating their aggressive trading strategy and high confidence in the market.

Solana Mobile launches the new native mobile token SKR, which has been deployed on the mainnet with over 2 billion tokens airdropped. It can be claimed and staked for rewards through Seed Vault Wallet. SKR is used for platform governance and ecosystem development. Tokens not claimed before April 20 will be reclaimed. Meanwhile, Seeker Season 2 covers multiple application scenarios, enriching the ecosystem application layer.

A major investor on the Hyperliquid platform invested $3 million USDC, opening a full-position leveraged short. They immediately achieved unrealized gains of $15.35 million, with the total account assets increasing to $18.35 million. Their holdings include 1,667 BTC and 45,523 ETH, among others, with a total market value exceeding $300 million, attracting the attention of many analysts.